BTC $78,535.09 -0.83%
ETH $2,485.32 -0.29%
BNB $751.51 +1.59%
XRP $1.42 +1.53%
SOL $103.24 -0.59%
TRX $0.3377 +0.98%
DOGE $0.0898 -0.66%
ADA $0.2213 +0.34%
BCH $256.77 -1.70%
LINK $12.53 -1.98%
HYPE $84.50 -0.79%
AAVE $129.03 -2.68%
SUI $0.8122 -2.08%
XLM $0.1885 -1.99%
ZEC $1,166.35 +0.84%
BTC $78,535.09 -0.83%
ETH $2,485.32 -0.29%
BNB $751.51 +1.59%
XRP $1.42 +1.53%
SOL $103.24 -0.59%
TRX $0.3377 +0.98%
DOGE $0.0898 -0.66%
ADA $0.2213 +0.34%
BCH $256.77 -1.70%
LINK $12.53 -1.98%
HYPE $84.50 -0.79%
AAVE $129.03 -2.68%
SUI $0.8122 -2.08%
XLM $0.1885 -1.99%
ZEC $1,166.35 +0.84%

Kaiko: The Bitcoin premium on Binance.US is a reflection of insufficient market liquidity

2023-05-10 22:05:49

ChainCatcher news, Kaiko data shows that Bitcoin is trading at a 2.5% premium on Binance.US compared to other U.S. exchanges. Blockchain analytics firm Kaiko states that the premium trading of Bitcoin (BTC) on Binance.US is a sign of market illiquidity, rather than evidence of market makers exiting the platform. Speculation about market makers potentially leaving the platform is merely a rumor, as its market depth has not changed.

ChainCatcher previously reported that the trading premium for Bitcoin on the Binance.US market reached as high as $700. (source link)

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